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Dec 10, 2012
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borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, does it soften the blow if they am am
borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two...
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Dec 27, 2012
12/12
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ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got re-elected and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang, and so now here we are five days from the new year, and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal, and if they had something to fit the bill, i'm sure the majority leader would have been able to deliver the votes the president wou
ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers....
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Dec 26, 2012
12/12
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....
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Dec 26, 2012
12/12
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president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones, so, there's doubtless conversations going on. senate doesn't get back until late tomorrow. president gets back late tomorrow. the house is not back, but all of the leadership types, all the important players in any potential resolution of this are going to be in contact with one another and the likelihood that they will be in contact increases with every passing hour. >> john, stick around. i want to bring in anthony, who is on the desk here tonight. he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've t
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones,...
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Dec 27, 2012
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they can start packing their bags for hawaii. the roster has been released. payton manning and viking running back adrien peterson headline the choices. other notables aaron rogers calvin johnson and victor cruise. >> talk about a dramatic finish for the nicks after blowing a 14 point lead to phoenix j.r. smith hits the difficult buzzer beater to give the nicks the 99-97 win. >> also without carmella anthony due to injury ryes. quarterback tim tebow firing back to the critics saying it reports he never told rex ryan he wouldn't run the team's wildcats package. >>> coming up an old-fashioned photo shop is facing a fine because one of the most popular products, candy. why the shop may be forced to stop selling one classic. >>> then did you get a new ipad, iphone or badgadget for christm you are not sure how to work? tech guru clayton morris is here answering your gadget questions. how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my s
they can start packing their bags for hawaii. the roster has been released. payton manning and viking running back adrien peterson headline the choices. other notables aaron rogers calvin johnson and victor cruise. >> talk about a dramatic finish for the nicks after blowing a 14 point lead to phoenix j.r. smith hits the difficult buzzer beater to give the nicks the 99-97 win. >> also without carmella anthony due to injury ryes. quarterback tim tebow firing back to the critics saying...
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Dec 26, 2012
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. >> some people i've talked to today suggested the mere fact the president is coming back from hawaii early on suggests good tidings. >> well, i think it suggests the president wants to be working on this problem and be seen as working on this problem, but it's only partially up to him. he's got to get the acquiescence of republicans and a temporary extension of tax cuts for people under $250,000. their acquiescence to turn off the sequester to avoid the automatic budget cuts are up to mitch mcconnell in part and also up to john boehner who may be asked before it's over to put on the floor of the house a bill that lacks support of the majority of his own members. that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr
. >> some people i've talked to today suggested the mere fact the president is coming back from hawaii early on suggests good tidings. >> well, i think it suggests the president wants to be working on this problem and be seen as working on this problem, but it's only partially up to him. he's got to get the acquiescence of republicans and a temporary extension of tax cuts for people under $250,000. their acquiescence to turn off the sequester to avoid the automatic budget cuts are...
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Dec 26, 2012
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president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >> the president was $2200 billion higher on revenues and speaker boehner, $200 billion on spending cuts. >> if you get 80% of what you want, that's a pretty good day. >> reporter: tough decision ahead, six days left. >> lawmakers are saying they will likely take on tax reform and spending cuts again in the new year when the debt ceiling debate heats up. richard, back to you. >> looks like they will be working over the new year. thanks for your time. >>> a note was left by the suspected shooter that killed two firefighters in new york. more on details of the person already convicted of murder. >> reporter: police say this christmas eve ambush of four volunteer firefighters attacked as they arrived to battle a massive fire in new york. >> it was a raging inferno out there. >> reporter: it was spelled out in typewritten detail. >> quote i still have to get ready to see how much of the neighborhood i can burn down and do what i like doing best, kil
president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >> the president was $2200 billion higher on revenues and speaker boehner, $200 billion on spending cuts. >> if you get 80% of what you want, that's a pretty good day. >> reporter: tough decision ahead, six days left. >> lawmakers are saying they will likely take on tax reform and spending cuts again in the new year when the debt ceiling debate heats up. richard, back to...
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Dec 27, 2012
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. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with democ
. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely,...
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Dec 27, 2012
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what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a precautionary call at this point because of the time frame but there's not necessary a deal on the table or closer to being formed at this point. >> that's right. it's not an indication that they have a deal in hand and they're going to vet on something on sunday. it is an indication that they do want all of the bodies back here in d.c. on sunday night. so that if they have to proceed to votes, they can do it and they know where their people are. everybody got 48 hours notation. a lot of the folks are retiring. they're all over the country. snowstorm is wrecking havoc on travel plans. everybody has
what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a...
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Dec 26, 2012
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peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are no specific time or places on the books for an inperson meaning between the two. som
peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the...
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Dec 26, 2012
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the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas e
the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with...
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Dec 26, 2012
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hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers been inned for 51 points. and rihanna and chris brown are courtside as the lakes pick up a victory, kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth since 2008. even online shopping which posted double digit growth the past four years was up onl only .18%. and sur la table saw its biggest sales last saturday. >>> a class action against instagram in response to last week's
hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city...
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Dec 18, 2012
12/12
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the same year hawaii became a state. he won a seat in the senate three years later where he served 8 1/2 terms. >> he was a man who, as we all know, rarely called attention to himself, but who lived a remarkable american life filled with dignity and grace of the true hero that he was. >> reporter: he gained notoriety when he served on the senate committee looking into the watergate scandal. the probe ultimately led to president nixon's resignation. in a statement, president obama said, "our country has lost a true american hero." cbs news, los angeles. >>> congressman tim scott has been appointed to fill the south carolina senate seat vacated by jim demint. scott will be the south's first black republican senator since reconstruction and just the fourth black republican in senate history. governor nikki haley who appointed scott said she chose him for his conservative values. scott will serve two years before facing an election in 2014. >>> up next, your tuesday morning weather. >>> in sports, syracuse basketball coach j
the same year hawaii became a state. he won a seat in the senate three years later where he served 8 1/2 terms. >> he was a man who, as we all know, rarely called attention to himself, but who lived a remarkable american life filled with dignity and grace of the true hero that he was. >> reporter: he gained notoriety when he served on the senate committee looking into the watergate scandal. the probe ultimately led to president nixon's resignation. in a statement, president obama...
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Dec 17, 2012
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he had been in office since hawaii became a state in 1959. he was hospitalized with breathing problems. his staff said late today that his last word was "aloha," hawaiian for "hello" and "i love you," which he once used in a speech. and, of course, always for "good-bye." he was 88 years old. >>> and the state department saying that secretary of state hillary clinton fainted from dehydration after an illness and got a concussion. she has canceled one trip and abc's senior foreign affairs correspondent martha raddatz has the latest on her concussion and joins us from washington. martha? >> reporter: diane, this was a pretty serious concussion, although she is starting to feel better. chef was home sick if a stomach virus after a long trip overseas. she apparently was so dehydrated she fainted and when that happened, you obviously don't brace yourself for the fall, so, she hit her head hard. chef was not taken to the hospital, but when she exhibited many of the signs of concussion, dizziness, headache, she was given all the appropriate tests to
he had been in office since hawaii became a state in 1959. he was hospitalized with breathing problems. his staff said late today that his last word was "aloha," hawaiian for "hello" and "i love you," which he once used in a speech. and, of course, always for "good-bye." he was 88 years old. >>> and the state department saying that secretary of state hillary clinton fainted from dehydration after an illness and got a concussion. she has canceled...
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Dec 24, 2012
12/12
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was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming. thousands of north texans visited local gun shows and stores this weekend where the most powerful weapons are costing more than ever. a gun dealer told our affiliate that an assault style weapon ran around $900. this week anywhere from 1500 to $2500 many in just a few minutes my conversation with a gun shop owner, several former police officers and a school safety expert who says the current call for bringing guns into schools for safety is in his words, borderline insane. >>> an estimated 87 million americans will be traveling over the holidays, and the weather is already complicating their plans. jennifer delgado has the holiday forecast. jennifer? >> it's hard to believe we're only two da
was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming. thousands of north texans visited local gun shows and stores this weekend where the most powerful weapons are costing more than ever. a gun...
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Dec 27, 2012
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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Dec 23, 2012
12/12
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the president is in hawaii. we're in a bit of a holding pattern as both sides dig in their heels. the middle class and small businesses were the focus during the presidential campaign. but, now, they stand to be the biggest losers as the battle in washington pushes us closer to that cliff. cnn's emily schmidt has more. >> go on. >> reporter: there are people who make overcoming obstacles even those towering 40 vertical feet high look easy. these rock climbers the heart of the climbing center business. >> i think with climbing, you have to trust your partner and you have to know that they're holding your rope. >> reporter: this takes team work which is why she's frustrated of another cliff looming in washington. >> so much uncertainty, not just for me as a business owner but for our members and our clientele. >> reporter: with negotiations stalled, she has put plans to expand her business on hold. she's worried because going over the cliff will cost middle class families an estimated $2,000 a year. money people won't have to spend here. >> it's always challenging when you're in a r
the president is in hawaii. we're in a bit of a holding pattern as both sides dig in their heels. the middle class and small businesses were the focus during the presidential campaign. but, now, they stand to be the biggest losers as the battle in washington pushes us closer to that cliff. cnn's emily schmidt has more. >> go on. >> reporter: there are people who make overcoming obstacles even those towering 40 vertical feet high look easy. these rock climbers the heart of the...
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Dec 27, 2012
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of unique to hawaii. hawaii's governor neil abercrombie was provided with a list of three potential replacements for senator inouye. the three they put together included the state's current lieutenant governor. the governor got to choose among those thee and tonight he announced his decision. >> i have informed the leadership of the united states senate with senator reid, the majority of the united states senate brian schatz will be the next senator from hawaii. >> brian schatz, governor abercrombie chose his own lieutenant governor to be the state's next senator. he's a former chairman of the presidential party. this appointment is not without controversy. senator daniel inouye's last request is that he be replaced by colleen hannabussa. tonight the senator's office releases this statement. he conveyed his final wish to senator abercrombie. we're disappointed it was not honored, it was the governor's decision to make. brian schatz will leave hawaii tonight with president obama aboard air force one, in or
of unique to hawaii. hawaii's governor neil abercrombie was provided with a list of three potential replacements for senator inouye. the three they put together included the state's current lieutenant governor. the governor got to choose among those thee and tonight he announced his decision. >> i have informed the leadership of the united states senate with senator reid, the majority of the united states senate brian schatz will be the next senator from hawaii. >> brian schatz,...
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Dec 27, 2012
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the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming back from a winter break tomorrow. and time is ticking down on the "fiscal cliff" clock. >> not likely to make a deal before the 1st. >> reporter: cbs 5 political analyst joe tuman says this is washington politics at its worst. >> the only thing that's going to force both sides to negotiate is going over the deadline. people will vote for it. they will be able to say exactly the opposite. >> reporter: in the meantime, consumers suffer. that's because we're about to take the plunge off the dairy cliff. a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming back from a winter break tomorrow. and time is ticking down on the "fiscal cliff" clock. >> not likely to make a deal before the 1st. >> reporter: cbs 5 political analyst joe tuman says this is washington politics at its worst. >> the only thing that's going...
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Dec 24, 2012
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senator from hawaii, laid to rest. president obama and the first lady attended the memorial service. he was the first japanese american elected to both houses of congress and the second largest serving u.s. senator. he was 88 years old. >> back here in maryland a police shooting in baltimore county, a police officer opened fire, killing a man who had a knife. that's where derrick is tonight with the details. >> reporter: police say the officer was acting in self- defense when he confronted and shot a suspicious man he found back here behind this gas station. it all started with an officer on routine patrol as he passed the shell gas station at ed monton around 3:45 in the morning. he noticed a suspicious man behind the building. police say when the officer asked the man to come out from behind the building, the man pulled out a knife. >> the officer attempted to use a taser to stop the situation, but it was ineffective. the man refused repeated commands to drop the knife. >> reporter: police say fearing for his safety,
senator from hawaii, laid to rest. president obama and the first lady attended the memorial service. he was the first japanese american elected to both houses of congress and the second largest serving u.s. senator. he was 88 years old. >> back here in maryland a police shooting in baltimore county, a police officer opened fire, killing a man who had a knife. that's where derrick is tonight with the details. >> reporter: police say the officer was acting in self- defense when he...
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Dec 27, 2012
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president obama, meanwhile, will be back in washington today after cutting short his vacation in hawaii. he'll be joined on air force one, or he is joined on air force one right now -- they're in the air, actually -- by hawaii's lieutenant governor brian schatz, who is nominated to fill the senate seat left vacant following the death of senator daniel inouye. schatz is expected to be sworn in later this afternoon or this evening. >>> with the business of legislating stricter gun control, a "usa today"/gallup poll shows a split america. 58% of those polled want stronger gun laws, up 15% from october of last year, but when it comes to assault weapons, 44% of those polled support a federal ban, yet 51% oppose one, showing little movement over the last year. yesterday, philadelphia's mayor renewed calls for an assault weapons ban in the wake of the deadly shootings early monday that killed two firefighters in upstate new york. another teed off on comments made by the head of the nra, who told nbc's david gregory he favors armed guards at every school. >> i guess, you know, out of last week'
president obama, meanwhile, will be back in washington today after cutting short his vacation in hawaii. he'll be joined on air force one, or he is joined on air force one right now -- they're in the air, actually -- by hawaii's lieutenant governor brian schatz, who is nominated to fill the senate seat left vacant following the death of senator daniel inouye. schatz is expected to be sworn in later this afternoon or this evening. >>> with the business of legislating stricter gun...
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Dec 17, 2012
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tonight, long time senator daniel enewey of hawaii has died at the age of 78. the longest running senator and third in line to presidential success. his office says he died of respiratory complications at a washington hospital. >>> nasa's latest moon probe goes out with a bang. the rockets were crashed into the mono. nasa says the probes have been given them unprecedented insight. the planned crash occurred because the probes were running out of fuel. >> scott pelley has a preview of what's coming up tonight on the cbs evening news. >> today in newtown connecticut they laid to rest two of 20 children murdered in their school on friday. there are important new developments in the investigation. plus our new poll on gun control. all of that tonight on the cbs evening news. >> scott, thank you. >> scott, thank you. >> here's a look at tonight's ,, gecko (clearing throat) thank you, mr. speaker, uh, members of congress. >> scott, thank you. >> here's a look at tonight's ,, in celebration of over 75 years of our government employees insurance company, or geico...as
tonight, long time senator daniel enewey of hawaii has died at the age of 78. the longest running senator and third in line to presidential success. his office says he died of respiratory complications at a washington hospital. >>> nasa's latest moon probe goes out with a bang. the rockets were crashed into the mono. nasa says the probes have been given them unprecedented insight. the planned crash occurred because the probes were running out of fuel. >> scott pelley has a...
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Dec 26, 2012
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. >> there is late word tonight that president obama will cut short his christmas holiday in hawaii. he plans to leave for washington tomorrow night. he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by the state general assembly. homeowners must apply to maintain eligibility for the credit. still ahead, aerial volunteers spent the holiday serving others. an organization will help keep hundreds and warmer this winter. and that when a missouri school did to put a smile back on their custodian's face. >> the weather is going to turn active as we had through the next of the week. partly to mostly cloudy. 36 at the airport. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill.
. >> there is late word tonight that president obama will cut short his christmas holiday in hawaii. he plans to leave for washington tomorrow night. he and lawmakers will try to prevent the economy from going over the fiscal cliff. anyone who has not taken advantage of the homestead tax credit better act fast. if you have two days left to save hundreds of dollars at tax time. postmarked by december 31, or you will have to wait another year. its stems from legislation enacted in 2007 by...
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Dec 24, 2012
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president obama and the first family tonight on vacation in hawaii, he and the first lady attended a memorial service for the late senator daniel aa a inouye he died this past monday at age 88. and didn't the president have a personal connection to the senator? >> good evening, harris, he did. they're both from hawaii, different generations, but the president remembers that as a child, he looked up to senator inouye, on the watergate committee and doing public service more than 50 years in the senate, but we should remember longer than that the public service to the nation started on the battlefield, world war ii and lost his arm in battle. bottom line, he was wounded just one hill away in italy from where former senator bob dole was also wounded and senate majority leader harry reid was here hawaii today eulogizing senator inouye, talking about how emotional he got as he saw the senator's casket in the rotunda. >> he wasn't satisfied just to be there, he wanted up on that platform so he could reach his friend of 60 years, dan inouye. he got up there, with a little struggle, but he g
president obama and the first family tonight on vacation in hawaii, he and the first lady attended a memorial service for the late senator daniel aa a inouye he died this past monday at age 88. and didn't the president have a personal connection to the senator? >> good evening, harris, he did. they're both from hawaii, different generations, but the president remembers that as a child, he looked up to senator inouye, on the watergate committee and doing public service more than 50 years...
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Dec 22, 2012
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are for hawaii. god only knows how they will avoid the fiscal cliff that was after he had to cancel a vote on his own plan because his own members would not support it president obama says he just told speaker boehner and senate majority leader harry reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said he came into the briefing room and said maybe is he a hopeless optimist but is he a new slim down three point plan that he says can pass in 10 days. basically extend tax cuts for 98% of americans. he said both parties agree with that extend unemployment benefits for 2 million americans. those are expiring about a week after christmas. that's a big problem. and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and mayb
are for hawaii. god only knows how they will avoid the fiscal cliff that was after he had to cancel a vote on his own plan because his own members would not support it president obama says he just told speaker boehner and senate majority leader harry reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said...
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Dec 19, 2012
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the passing of daniel inouye means there is one more to keep an eye on in hawaii. on september 11th the u.s. ambassador and three other americans were killed on a terrorist attack in libya. tuesday an independent review investigating the incident released its findings. a panel was highly critical of the state department saying they ignored arrests in tripoli for more guards and security upgrades relied who heavily on specific requests instead of security. and used unprotect militia to protect the compound. the report also found the attack was not the result of protests over anti-islamic video as first reported. in a letter to congress, secretary of state hillary clinton said she accepts all of the panel's 29 recommendations writing there is no higher priority for me or my department. >>> though there seems to be progress still no fiscal cliff deal in washington. house speaker john boehner said he has a backup plan. but that's not enough for one in three americans who according to a new survey are cutting back on spending due to fears of going over that cliff. nbc's
the passing of daniel inouye means there is one more to keep an eye on in hawaii. on september 11th the u.s. ambassador and three other americans were killed on a terrorist attack in libya. tuesday an independent review investigating the incident released its findings. a panel was highly critical of the state department saying they ignored arrests in tripoli for more guards and security upgrades relied who heavily on specific requests instead of security. and used unprotect militia to protect...
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as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for house speaker john boehner, really spent most of the day, explaining what has been views as a political blow, when on thursday, many republicans refused to back his plan b. that is speaker boehner's alternative plan for avoiding the fiscal cliff and called for allowing rates to go up on those making $1 million or more. here is a little more of what house speaker john boehner and president obama had to say on friday. take a listen. >> we have a number of our members who didn't want to be perceived as having raised taxes. >>
as they left for hawaii. but a little earlier in the day, he met with senate majority leader harry reid and spoke with house speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for...
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Dec 27, 2012
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the president came all the way back from hawaii, cut short the vacation, left the family back. no meeting scheduled yet but i would expect you will see congressional leaders sometime over the next 24, 36 hours, come to the white house one last ditch effort to at least stop these tax hikes from going into effect and extend the unemployment benefits. butguarantee. >> and some speculation that meeting could be tomorrow. >> reporter: yes. >> we'll see. jon, thank you. the clock is ticking. >>> two more important political notes we're following tonight. former president george bush remains in a hospital in house gone for what a spokesman describes as a series of setbacks. he is said to be in guarded condition in intensive care, nursing an elevated fever. he is currently on a liquids only diet after being treated for a lingering bronchitis-related koug. >>> and there is late word today that secretary of state hillary clinton will be back at work next week. mrs. clinton has been recovering at home from aen concussion. an aide tells us she's looking forward to resuming her schedule. >>
the president came all the way back from hawaii, cut short the vacation, left the family back. no meeting scheduled yet but i would expect you will see congressional leaders sometime over the next 24, 36 hours, come to the white house one last ditch effort to at least stop these tax hikes from going into effect and extend the unemployment benefits. butguarantee. >> and some speculation that meeting could be tomorrow. >> reporter: yes. >> we'll see. jon, thank you. the clock is...
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>> nbc's kristen welker in hawaii with the president. thank you, kristen. >>> speaker boehner has his work cut out for him now, not only does he have to cut a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner stripped out of their positions and we see them on the screen, what beef did they have? was it simply because they were stripped of their titles? >> look, i think there's a fundamental divide between them and not only speaker boehner with a lot of the republican conference. these guys lost their assignments voting against republicans a lot, but also members of the republican steering committee that led the committee led by speaker boehner have basically said that these guys have gone to another level of trying to hurt the team over the last couple of years and tha
>> nbc's kristen welker in hawaii with the president. thank you, kristen. >>> speaker boehner has his work cut out for him now, not only does he have to cut a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner...
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Dec 6, 2012
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you're going to enjoy your holiday in hawaii. i'm going to be here with no lights, no electric,o plumbing, not having my kids here. what am i going to do for the holidays? >> greta: outraged victims of superstorm sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised. tonight in new york, fed up victims confronting government officials. wnyw reporter is live in balance hor borbalharbour queens with t. >> reporter: this meeting was a bit calmer than that. probably because it was inside of a church, b folks heas fruste proces u mayemrha for fema if you received the aid ang through all the red tape is just under $32,000 which seems like a dec amount. when you're lking about the cost of living here in the new york metro area, it's kind o like smallotatoes. were talking to one couple here, their home gutted, but they w
you're going to enjoy your holiday in hawaii. i'm going to be here with no lights, no electric,o plumbing, not having my kids here. what am i going to do for the holidays? >> greta: outraged victims of superstorm sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised....
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Dec 22, 2012
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as for the president, he said he although he's going to hawaii, he said he will fly back to finalize any deal if there's a deal to be finalized, sometime after christmas and before the new year. but it takes time to pass an agreement even once it's reached. >> we shall see. thank you, jonathan karl reporting. one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of bed sheets. then impossibly hailing a cab to freedom. tonight, a new twist. abc's john schriffen has our story. >> reporter: he pulled off a daring escape from prison, but now joseph "jose" banks is busted. appearing in court this afternoon, after nearly three days on the run. the fbi arresting him
as for the president, he said he although he's going to hawaii, he said he will fly back to finalize any deal if there's a deal to be finalized, sometime after christmas and before the new year. but it takes time to pass an agreement even once it's reached. >> we shall see. thank you, jonathan karl reporting. one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a...
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. >>> senator daniel inouye of hawaii has died at the age of 88 after serving in congress since his election in 1959. senator patrick leahy takes ove over. the governor will make the call. >>> nikki haley chose tim scott as the state's next start replacing jim demint. that makes scott the state's first black governor. >>> two nasa sprays craft named ebb and flow were intentionally craft into the moon yesterday. they had circled the moon almost a year. the area where they crashed was not one where others have landed before. >>> over to wall street. the dow opens at 13,235. the s&p climbed 16. and the nasdaq jumped 39. overseas, nikkei gained 94 points but the hang seng lost 18. >>> traders paused for a moment of silence. stocks of gun makers continued to slide. smith & wesson down 8%. pension giant california state teachers' retirement system is reviewing a $400 million firm. which owns bushmaster. meanwhile, walmart has pulled that same assault rifle from its stores. >>> and gas prices are falling. the national average is just under $3.25 a gallon. for the first time this year, all 50 states
. >>> senator daniel inouye of hawaii has died at the age of 88 after serving in congress since his election in 1959. senator patrick leahy takes ove over. the governor will make the call. >>> nikki haley chose tim scott as the state's next start replacing jim demint. that makes scott the state's first black governor. >>> two nasa sprays craft named ebb and flow were intentionally craft into the moon yesterday. they had circled the moon almost a year. the area where...
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Dec 26, 2012
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service members yesterday in hawaii. the commander in chief wished the troops a merry christmas. >> obviously, we are still in a wartime footing. there are still folks as we speak who are overseas, especially in afghanistan, risking their lives each and every day. you have an entire country behind you and that all of us understand that we would be nowhere without the extraordinary service that you guys provide. and so, we want to say thank you. we love you. >>> hotel rooms in the nation's capital are not booking up as fast as they were four years ago. officials expect between 600,000 and 800,000 for the president's second inauguration, less than half compared to four years ago. >>> netflix had a major fail. who's to blame and will you get a refund, that's coming up. th cy to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. that is the end... of carousel one. ...of carousel one. there's carousel two! all right! [ male announcer ] when you combine c
service members yesterday in hawaii. the commander in chief wished the troops a merry christmas. >> obviously, we are still in a wartime footing. there are still folks as we speak who are overseas, especially in afghanistan, risking their lives each and every day. you have an entire country behind you and that all of us understand that we would be nowhere without the extraordinary service that you guys provide. and so, we want to say thank you. we love you. >>> hotel rooms in the...
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he went golfing today in hawaii. white house officials told me that staff from both sides are talking through e-mails and phone calls and will through the next couple of days. we expect congress to come back on thursday. no word on when the president comes back. >> the stake so high for so many people. david kerley, thank you. >>> the other big fight in washington is gun control. with the final three victims from sandy hook elementary school buried today, the national rifle association said that the real problem isn't guns but instead violent video games, is there really a connection between virtual violence and real-world violence. neal karlinsky got some answers. >> reporter: thomas pantig and stephan lloyd are typical of many in their generation. good jobs by day, obsessed with a violent so-called first person shooter called call of duty when they get home. but is this just good fun, or is an entire generation being trained and desensitized to the act of shooting people? >> some people just go crazy. >> reporter:
he went golfing today in hawaii. white house officials told me that staff from both sides are talking through e-mails and phone calls and will through the next couple of days. we expect congress to come back on thursday. no word on when the president comes back. >> the stake so high for so many people. david kerley, thank you. >>> the other big fight in washington is gun control. with the final three victims from sandy hook elementary school buried today, the national rifle...
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president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think that
president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're...
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he succeeds senator daniel inouye of hawaii who passed away on monday. leahy is also expected to take on inouye's role as chairman of the appropriations committee. >>> the justice department won't press cyberstalking charges against paula broadwell. federal prosecutors were investigating broadwell after she sent anonymous harassing e-mails to jill kelly, a socialite who knew petraeus. the investigation eventually exposed petraeus's affair. broadwell was also under investigation for handling classified material. while she has been cleared of cyberstalking, justice officials will not say whether broadwell will face other charges. >>> overseas, developing news on the situation in syria where the civil war there has killed an estimated 40,000 people since march of last year. the "new york times" is reporting that russian warships are heading to the mediterranean for what could be the early stages of an evacuation of russian citizens there. while moscow has been a supporter of bashar al assad, there are some signs that russia's confidence in the regime is sli
he succeeds senator daniel inouye of hawaii who passed away on monday. leahy is also expected to take on inouye's role as chairman of the appropriations committee. >>> the justice department won't press cyberstalking charges against paula broadwell. federal prosecutors were investigating broadwell after she sent anonymous harassing e-mails to jill kelly, a socialite who knew petraeus. the investigation eventually exposed petraeus's affair. broadwell was also under investigation for...
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which is when he will be buried in his native hawaii. one of the things that has become clear in the 24 hours since he died, is the almost unparalleled out sized respect he commanded from his senate colleagues, in part because of his war record. he is a recipient of the medal of honor, but also for his reputation of taking principled stands even as he was a senator who never looked for the limelight, he was never afraid to stand up for what he thought was right. during the iran contra hearings, he accused president ronald reagan of creating a shadowy government with its own navy and air force, free from the law itself. he was right. in 2000, it was the senator who was among the tiny group of senators to vote against the authorization for the use of military force in iraq. despite the support of a popular president of his own party in 1996, it was senator inouye who took a stand and voted no on the defense of marriage act. he will lie in state on thursday. that is usually an honor reserved for former presidents of the united states. it ha
which is when he will be buried in his native hawaii. one of the things that has become clear in the 24 hours since he died, is the almost unparalleled out sized respect he commanded from his senate colleagues, in part because of his war record. he is a recipient of the medal of honor, but also for his reputation of taking principled stands even as he was a senator who never looked for the limelight, he was never afraid to stand up for what he thought was right. during the iran contra hearings,...
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hawaii's governor has selected his lt. governor to replace senator daniel inouye who died last week. the new senator is 40 years old and youngest member of the senate rightow
hawaii's governor has selected his lt. governor to replace senator daniel inouye who died last week. the new senator is 40 years old and youngest member of the senate rightow
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>> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for rent, single-family rentals, that's the way it's sort of getting all that notion, at least today that some people are locked out of credit. they are renters, or renters nation. >> the real estate investment trusts. >> ev
>> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get...
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. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are tol
. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference....
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we would all like to go to hawaii but honestly it was very upsetting. so many people i talked to over the holidays they are saying what are they doing? they should be sitting there doing the tough work we pay them to do, representing us in their various districts and states. >> the optics are terrible, but here's the reality, kimberly. and i'm not disagreeing with the folks that told you that. but the reality is when we are in washington there's one person negotiating on behalf of the house and then 434 people are sitting around naming post offices or playing solitary on their computers. there's only one person who is negotiating on behalf of the house and that's john boehner. and frequently he's negotiating by himself. i'll say this, it's good for us to go home to the people we work for so we can get an earful, as i have gotten over the last three or four days, whether it's the grocery store or church or wal-mart or this morning while i was running someone stopped me and gave me an earful, which i very much need. so if you are going on vacation, then,
we would all like to go to hawaii but honestly it was very upsetting. so many people i talked to over the holidays they are saying what are they doing? they should be sitting there doing the tough work we pay them to do, representing us in their various districts and states. >> the optics are terrible, but here's the reality, kimberly. and i'm not disagreeing with the folks that told you that. but the reality is when we are in washington there's one person negotiating on behalf of the...
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i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let me know. plirt coe reporting today, as of christmas day, they do not have the standard warning to come back to washington to resolve the so-called fiscal cliff. it's boehner and other gop leaders aren't going to herd 433 lawmakers back to town with nothing to do. when you hear that, and you know what's been going on and what's expected of you in the new year, what are your hopes for something small, maybe not as ambitious as a grand bargain but something small getting done before january 1st? >> i would like to see a grand deal. but we should do something. too many people hurt, f
i appreciate it. >>> president obama is leaving the first family in hawaii. he's cutting the vacation short to return to washington, d.c. hopefully to restart the negotiations over those job killing spending cuts and tax hikes set to take effect in the new year. joining me now is congressman gregory meeks, democrat of new york and serves on the financial services committee. i told you if anything goes off or need to rush out of here because you have gotten a call back to d.c. you let...